Truist Securities Maintains Hold on SolarEdge Technologies, Lowers Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on SolarEdge Technologies (NASDAQ:SEDG) but has significantly lowered the price target from $60 to $28.
August 06, 2024 | 12:14 pm
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NEGATIVE IMPACT
Truist Securities has maintained a Hold rating on SolarEdge Technologies but has significantly lowered the price target from $60 to $28.
The significant reduction in the price target from $60 to $28 by Truist Securities is likely to negatively impact investor sentiment and could lead to a short-term decline in the stock price of SolarEdge Technologies.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100